Econ 102 quiz 2 answers - Study guides, Class notes & Summaries
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ECON 102 QUIZ 1 QUESTIONS AND ANSWERS
- Exam (elaborations) • 9 pages • 2024
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ECON 102 QUIZ 1 QUESTIONS AND ANSWERS 
1.	What is the primary goal of financial management? 
 
A)	Increased earnings 
 
B)	Maximizing cash flow 
 
C)	Maximizing shareholder wealth 
 
D)	Minimizing risk of the firm 
 
 
2.	The partnership form of organization 
A)	avoids the double taxation of earnings and dividends found in the corporate form of organization. 
 
B)	usually provides limited liability to the partners. 
 
C)	has unlimited life. 
 
D)	simplifies decision making. 
 
 
3.	Increased pro...
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ECON 102 QUIZ 1 QUESTIONS AND ANSWERS
- Exam (elaborations) • 9 pages • 2024
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ECON 102 QUIZ 1 QUESTIONS AND ANSWERS 
1.	What is the primary goal of financial management? 
 
A)	Increased earnings 
 
B)	Maximizing cash flow 
 
C)	Maximizing shareholder wealth 
 
D)	Minimizing risk of the firm 
 
 
2.	The partnership form of organization 
A)	avoids the double taxation of earnings and dividends found in the corporate form of organization. 
 
B)	usually provides limited liability to the partners. 
 
C)	has unlimited life. 
 
D)	simplifies decision making. 
 
 
3.	Increased pro...
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ECON 102 QUIZ 1 QUESTIONS AND ANSWERS
- Exam (elaborations) • 9 pages • 2024
-
- $9.09
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ECON 102 QUIZ 1 QUESTIONS AND ANSWERS 
1. What is the primary goal of financial management? 
A) Increased earnings 
B) Maximizing cash flow 
C) Maximizing shareholder wealth 
D) Minimizing risk of the firm 
2. The partnership form of organization 
A) avoids the double taxation of earnings and dividends found in the corporate form of 
organization. 
B) usually provides limited liability to the partners. 
C) has unlimited life. 
D) simplifies decision making. 
3. Increased productivity ...
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ECON 102 Quiz 2 Questions And Answers.
- Exam (elaborations) • 7 pages • 2022
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ECON 102 Quiz 2 Questions And Answers. Question 1 
0.5 / 0.5 pts 
Macroeconomics considers ________ and microeconomics considers 
________Correct! 
 economywide phenomena; choices of individuals 
Question 2 
0.5 / 0.5 pts 
Dr. Dave’s economics students are creating models explaining gasoline price changes. 
Minjun's model has realistic assumptions and is very complex. Ava's model is less 
complicated and less realistic. Minjun's model correctly predicts gas price increases 
25% of the time...
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ECON 102 QUIZ 1 QUESTIONS AND ANSWERS
- Exam (elaborations) • 9 pages • 2022
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- $9.49
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ECON 102 QUIZ 1 QUESTIONS AND ANSWERS 
1. What is the primary goal of financial management? 
A) Increased earnings 
B) Maximizing cash flow 
C) Maximizing shareholder wealth 
D) Minimizing risk of the firm 
2. The partnership form of organization 
A) avoids the double taxation of earnings and dividends found in the corporate form of 
organization. 
B) usually provides limited liability to the partners. 
C) has unlimited life. 
D) simplifies decision making. 
3. Increased productivity due to tech...
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ECON 102 QUIZ 1 QUESTIONS AND ANSWERS
- Exam (elaborations) • 9 pages • 2022
-
- $9.49
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ECON 102 QUIZ 1 QUESTIONS AND ANSWERS 
1. What is the primary goal of financial management? 
A) Increased earnings 
B) Maximizing cash flow 
C) Maximizing shareholder wealth 
D) Minimizing risk of the firm 
2. The partnership form of organization 
A) avoids the double taxation of earnings and dividends found in the corporate form of 
organization. 
B) usually provides limited liability to the partners. 
C) has unlimited life. 
D) simplifies decision making. 
3. Increased productivity due to tech...
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Econ 102 quiz 1, Quiz 2, Quiz 3, quiz 4, quiz 5 & Quiz 6 LATEST (UPDATED) QUESTIONS AND ANSWERS.
- Package deal • 6 items • 2022
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Econ 102 quiz 1, Quiz 2, Quiz 3, quiz 4, quiz 5 & Quiz 6 LATEST (UPDATED) QUESTIONS AND ANSWERS.
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Econ 102 quiz 4 LATEST QUESTIONS AND ANSWERS
- Exam (elaborations) • 5 pages • 2022
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Econ 102 quiz 4 LATEST QUESTIONS AND ANSWERS. Question 1 of 10 10.0/ 10.0 Points 
The supply of money in the U.S. economy is determined primarily by 
A. decisions made by the Federal Reserve and the U.S. Treasury. 
 
B. the actions of the Federal Reserve and the banking system. 
 
C. consumers and the banking system. 
 
 D. the demand for money in the economy. 
Answer Key: B 
Question 2 of 10 10.0/ 10.0 Points 
One of the essential functions that a bank performs is 
A. purchasing government bond...
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Econ 102 quiz 1 ( QUESTIONS AND ANSWERS).
- Exam (elaborations) • 5 pages • 2022
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Econ 102 quiz 1 ( QUESTIONS AND ANSWERS). Question 1 of 10 10.0/ 10.0 Points 
Economics is best defined as the study of 
 A. financial decision-making 
 
 B. how consumers make purchasing decisions. 
 
 C. choices made by people faced with scarcity. 
 
 D. inflation, unemployment, and economic growth 
Answer Key: C 
Question 2 of 10 10.0/ 10.0 Points 
Macroeconomics differs from microeconomics in that 
A. macroeconomics is the study of individual markets, while microeconomics deals with the 
nat...
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ECON 102 QUIZ 2 QUESTIONS AND ANSWERS
- Exam (elaborations) • 13 pages • 2022
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ECON 102 QUIZ 2 QUESTIONS AND ANSWERS 
25. When using the economic order quantity model A) ordering costs increase as the level of inventory increases. B) carrying costs decrease as the level of inventory increases. C) costs are minimized when total carrying costs and total ordering costs are equal. D) none of the above Difficulty: Medium Type: Conceptual 26. Hedging A) is a way to protect your accounts receivable position. B) increases risk. C) is a legal agreement to buy or sell a financial fu...
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